Thursday, 28 February 2008

Trade
Dispute Settlement

A WTO panel found that China's surcharge on imported car parts was inconsistent with her WTO commitments in a case brought by the US, the EU and Canada. Reacting to China's first defeat in the WTO dispute settlement body, a FM spokesman said, "China respects the procedure of the WTO to solve the dispute." So the Government at least is not publicly whining about the procedure or judges being "unfair", "biased" or "evil-minded", as it usually does in other cases whose outcome is not to its liking.

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